Let's be real, hordeing physical gold is just something elderly people do because of scam advertisements they see on cable TV.
this post was submitted on 28 Jan 2024
229 points (75.3% liked)
Memes
45581 readers
1 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 6 years ago
MODERATORS
monetarist cope
Gold has no intrinsic value to me I wonder if as the boomers start to die off if it will start losing some form of value
It has some intrinsic value because it's a metal with a variety of applications. It just doesn't have nearly enough intrinsic value to justify its price.
For example, plating memory contacts and latinum
Rule of Acquisition number 102: Nature decays, but latinum lasts forever
We're gonna need a ton of it for all the space shit we're starting to do again.
Multiple tons.
load more comments
(3 replies)